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Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says
Bank of Jamaica Invites Tech Companies to Test Digital Currency Solutions
21.7.2020
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC
French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot
20.7.2020
The central bank of France is about to start several experimental trials centering the digital euro
Japanese Central Bank Creates Digital Currency Unit – Led by Satoshi!
20.7.2020
Source: Adobe/Юрий Дьяконов
The central Bank of Japan (BoJ) has created a "Digital Currency Unit” as the nation heads toward a tentative central bank digital currency (CBDC) launch – and it’s being headed by a man named Satoshi.
Per Reuters Japan, the BoJ has officially opened a specialized...
Bank of Japan Forms New Team to Explore Central Bank Digital Currency
20.7.2020
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen
Bank of Japan Has New CBDC Research Team But No Plans to Launch
20.7.2020
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team
Bitcoin Could Be the Next Big Inflation Hedge
19.7.2020
High-profile investors are concerned about the possibility of rising inflation — and they are turning to cryptocurrency to hedge against it
Thai Central Bank Says Big Businesses Are Already Using its CBDC
17.7.2020
Another country has moved a step closer to issuing a central bank digital currency (CBDC), with Thailand’s central bank stating that it is “already using” its token “for financial transactions with some big businesses.”
Per Nation Thailand, the Vachira Arromdee, assistant governor of the Bank...
Thailand Already Using Central Bank’s Digital Currency
17.7.2020
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia
17.7.2020
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region
A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
16.7.2020
CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected
China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
15.7.2020
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
Bank of England Considering a Central Bank Digital Currency, Governor Says
14.7.2020
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years
South Korean Central Bank Launches CBDC Legal Advisory Unit
14.7.2020
The Bank of Korea in Seoul. South Korea is once again intensifying the pace of its central bank digital currency (CBDC) progress – with a central bank-run team now investigating legal obstacles that might stand in the way of digital won issuance.
Bitter political and financial rival Japan last week...
Singapore’s Central Bank Eyes Commercial Role for Its Blockchain Payments Tech
13.7.2020
Project Ubin has completed its last development phase and is now being considered as the basis for commercial digital currency ventures